Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s): WHTCF | T.WELL.DB

Healthcare

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

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TSX:WELL - Post Discussion

WELL Health Technologies Corp > 5i Comments on price drop

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Post by danche on Jan 22, 2024 4:55pm

5i Comments on price drop

5I RESEARCH ANSWER:

We don't want to defend analysts much, but we think some of the blame needs to be given to investors who react to downgrades. Nothing has changed at the company. Also, CIBC's target price is still 26% above the current price. CIBC had an $11.50 target in 2021. Analysts tend to follow prices: if a stock goes down, more downgrades occur. We really pay little attention to target prices and would focus on fundamentals. WELL has 16 analysts, and on average they expect EPS to grow by 25% this year.

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Comment by Possibleidiot01 on Jan 22, 2024 7:16pm

Posted earlier today by retiredcf (5647) ••• Post by retiredcfon Jan 22, 2024 3:51pm 122 Views Post# 35839587 Rational Thinking Looks like we are thinking alike. We don't want to defend analysts much, but we think some of the blame needs to be given to investors who react to downgrades. Nothing has changed at the company. Also, CIBC' ...more

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WELL Health Technologies Corp